Reserves Consultant

This role required candidate to permanently relocate at Dhahran Saudi Arabia.

About the Company

This company engages in the exploration production transportation and sale of crude oil and natural gas. It operates through the following segments: Upstream Downstream and Corporate. The Upstream segment includes crude oil natural gas and natural gas liquids exploration field development and production. The Downstream segment focuses on refining logistics power generation and the marketing of crude oil petroleum and petrochemical products and related services to international and domestic customers. The Corporate segment offers supporting services including human resources finance and information technology. The company was founded on May 29 1933 and is headquartered in Dhahran Saudi Arabia.

Job Summary

We are currently seeking experienced professionals to join the Upstream Development Strategy & Reserves Department (UDS&RD) based in Dhahran Saudi Arabia. This department manages one of the worlds largest portfolios of onshore and offshore oil and gas fields. Our team offers opportunities to conduct pioneering studies introduce new technologies and propose innovative development solutions.

The role of Reserves Consultant within our team involves leading technical reserves evaluation estimation reporting classification and collaborating with multidisciplinary teams to complete reservesrelated studies. The ideal candidate should possess specialization in reserves and resource evaluation classification and reporting particularly concerning new discoveries and producing fields. Additionally they should have broad experience in the oil and gas upstream business and subsurface evaluation.

Responsibilities:

• Lead and guide technical assessment for the Reserves Division involving liaison with other departments within exploration petroleum engineering & development engineering services marketing finance and corporate planning.
• Apply industry recognized reserves definitions guidelines and defend decisions related to reserves.
• Monitor daily exploration delineation/extension and development drilling activity as it impacts reserves.
• Select key reservoir intervals for testing and assist in planning and interpreting test results.
• Apply classical reservoir engineering in assessing uncertainty and undertaking reserves assessments including various interpretations such as log and wireline formation test interpretation pressure and rate transient analysis PVT and SCAL interpretation production performance and material balance.
• Review geologic interpretation and mapping including rock typing and facies characterization reservoir communication seismic application sequence stratigraphy etc.
• Participate in integrated reservoir studies and quality check reservoir simulation results (history match validation production constraints technical assessment of forecast results etc.).
• Peer review 3D static and dynamic modeling particularly its fitness for purpose.
• Understand commerciality assessment including discounted cash flows net present value internal rate of return forecasting prices/capex/opex etc.
• Develop less experienced staff through designing implementing and overseeing professional development programs.
• Represent This Company in external technical conferences symposiums and forums.

Requirements:

• This role required candidate to permanently relocate at Dhahran Saudi Arabia.
• Bachelors degree in Petroleum Engineering or related disciplines; additional exposure/training in business economics or finance is beneficial.
• 15 years of experience gained through working for reputable oil and gas consulting and/or E&P companies in reserves related roles.
• Extensive experience in reserves estimation (both deterministic and probabilistic) resource evaluation classification and reporting (e.g. PRMS SEC etc.).
• Solid foundation in classic reservoir engineering 3D static and dynamic modeling of reservoirs and experience in enhanced oil recovery and/or unconventional reservoirs as they relate to reserve assessment.
• Handson experience in reservoir characterization petrophysical analysis including log and MDT interpretation and core analysis fluid characterization including PVT studies and geochemical fingerprinting and well testing including pressure transient rate transient analysis and wireline formation testing.
• Supplemental experience in reservoir engineering especially technical principles for developing longterm oil and gas reservoir depletion plans economic evaluations and key performance measures and benchmarking in E&P industry.
• Experience working in a large organization with a varied portfolio of reservoirs or had a wide range of experience in smaller companies.
• Excellent written and verbal communication skills including experience in presenting to executive management and large audiences.
• Participation in industrylevel reserves and resource presentations and/or publications in conjunction with relevant membership(s) of appropriately related professional organizations would be helpful.
• Proven experience collaborating with multidisciplinary teams consisting of geoscientists engineers economists etc.